Unlicensed electric bikes will be heavily sold during the festive season, the company announced
The point to note here is that the Inspire bike is offered to school students, teenagers, retail chain stores, travel agents, etc. While it does not require any registration and license as per government rules.
AMO Electric Bike, a brand known for its affordable e-mobility in India, is considering this festive season as a great opportunity for sales. The company has announced that amo is targeting a combined 350+% growth in sales of its flagship products Jaunty and Inspirer. Which will lead to an increase of 200% and 100 to 150% respectively in the sales of Jaunty and Inspirer as compared to last year.
Let us tell you that the e-bike Jaunty is a major product for customers between the age group of 18 to 45 years. This e-bike is available at both high and low speeds. On the other hand, the Inspire is a low-speed bike designed for everyone between 14 to 45 years of age, the point to note here is that the Inspire bike can be sold to school students, teenagers, retail chain stores, travel agents, etc., etc., while driving this vehicle does not require a license and registration.
The brand has a good presence in more than 100 cities across India and is witnessing huge demand from 14 -15 states of North, East, West, and Central India. Currently, with over 120+ channel partners, the brand is looking at 100% growth in the next 6-8 months. Speaking on the occasion, the company's Founder and MD Sushant Kumar said, “We are moving ahead with positive market sentiments and are confident of strong sales momentum in the upcoming festive season. Jaunty is one of our four e-bike models. It accounts for about 70% of the total sales and is the fastest-growing at over 300%.
About MO Electric
AMO Mobility was founded in 2018 by Sushant Kumar. In just three years since its inception, AMO Mobility has grown by over 300% in volume, with 120+ channel partners. This is going to grow to over 300 channel partners in the next few years. The company plans to expand its presence to over 250+ cities across India in the coming two years